The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Staylong.. I’ll see you on the other side.
Not one justifiable reason to why I shouldn’t hold here.
Best of luck to all.
Would be hard for TSTR to justify a sale acceptance for sub 30p if the plant is expected to be running at full potential within 6-12 months.
Not to mention the share was already trading at 30p+ knowing the plant was running at 50% capacity.
Dear Craig,
I refer you to the recent press release published by Tri-star Resources. We are currently executing a rectification project which aims to have the plant at full capacity in H2 2021.
https://businessgateways.com/news/2020/11/09/Shareholders-pledge-funding-Oman-antimony-project
Regards,
Joel Montgomery
I’m very happy to hold my shares here.
Bo-aim.. you must be heavily invested here the amount of posting you do for TSTR you’ve spent a lot of time on this one. You deserve to do well, fingers crossed ;)
(That’s assuming your invested, otherwise why the hell would you be wasting your valuable time here.)
All panic sellers have gone, the only sellers will be the 20-50% profit takers from the sub 2p entry’s.
The next two days will be blue no doubt about that.
Then there is nothing to worry about :D.. I have tried to understand the take over code, it does seem to considerably protect us shareholders.
Claire Holdsworth currently works for Odey Asset Management and would be in charge/responsible of accepting any ridiculously low offer acting on behalf of
Odey Management, Claire would be responsible for any unfair loss to us shareholders IMO.
Play fair Claire.
For those that are unsure what resolutions have been accepted..
Resolution 1 - to receive the reports and accounts for the year ended 31 December 2019
Resolution 2 - to re-appoint David Fletcher as a director, although he will resign upon the Cancellation becoming effective.
Resolution 3 – to appoint Claire Holdsworth as a director, conditional upon the Cancellation.
Resolution 4 - to reappoint Grant Thornton UK LLP as auditors of the Company and to authorise the directors to determine their remuneration.
Resolution 5 – to approve the Cancellation.
Resolution 6 – to approve the Re-registration and to adopt new articles of association suitable for a private limited company. A copy of the New Articles is available on the Company’s website, details below. The New Articles continue to permit the free transferability of Ordinary Shares.
The New Articles contain a drag along right, pursuant to which Shareholders selling more than 50% of the Company’s voting share capital will be able to require that the other Shareholders sell their shares in the Company to the proposed buyer(s) on the same terms.
Someone’s feeling confident with the 1 million shares. £17.5k at 4:30 today.
Well at least we’re going north..
Keep the faith, In Odey we trust. Haha
SPMP is expecting to receive initial revenues from the sale of products produced in the commissioning phase during the next quarter with its first significant revenues expected to arise in the final quarter of the year as production is ramped up. = NOW
I’m surprised we haven’t had any TR1’s for investors holding over 3% this would only be a £60k investment to get a notification.
Who is Odey selling to??
Family/friends/vehicles/companies he has interests in?
Feel like Sherlock Holmes trying to figure out what’s going on, one thing is for sure.. I’d rather be in then out.
We all know Odey is playing some kind of game as he always does.. keeping above 50% for obvious reasons yet attempting to make the market believe his exiting TSTR to bring the share price down to scare of any new investors.
Is it Thursday yet.
ODEY at 60%.. I’d prefer it if he was out completely let someone else buy us out.
Haso..
I would imagine the annual dividend payment to be 2-4p as the value of the share IMO is 30-40p
I’d almost prefer to not be on AIM anyway I don’t trust the market makers at all.
Why anyone would sell this share at these levels baffles me.
Aha thank you, I obviously do know this is a high risk share as no one really can work out what the hell is going on 100% I’ve accepted the fact the money I’ve risked is at high risk and we don’t really know Odeys full intentions of what could be played however at these levels and the possible ‘fairly likely’ upside could also happen.
I guess if you don’t want high risk/reward you don’t invest in AIM/private companies anyway.
I wish all Investors the best of luck also.
Correction...
Simple we owed 40% of the roaster concept before suspension
Now we only own 16.3% of a completed profitable commercial grade super plant.
I have 257k shares average 3p.. not massive amounts but I enjoy the research and the investing world.
I understand we would have to accept, just feel it’s still a low offer and long term holders deserve more.
Just seems unfair that long term took the gamble at the start on the build process, now it’s completed people like me get in for sub 3p. Not that I’m complaining just seems too good to be true this share but we will see. One thing I am certain of us we can’t go any lower then the current SP so onwards and upwards.